Bali, an Indonesian island located at the westernmost end of the Lesser Sunda island, is a popular tourist destination that attracts millions of visitors worldwide every year. The spectacular beaches, magnificent temples, and vibrant culture that Bali offers certainly contribute to the high number of travelers who come to this tropical paradise.
Nevertheless, if you are planning a trip to Bali, it is important to be aware of Bali currency to USD or the US dollar to rupiah exchange rate, as well as the best ways to manage your finances while you are on the island.
Well, you can put your worries to rest and elevate your Bali experience with our helpful guide about Bali currency to USD. Learn the details below!
Bali Currency to USD
The local currency in Bali is the Indonesian rupiah (IDR), which has been the official currency of Indonesia since 1946. So, if you want to learn about the Bali currency to USD, you must navigate the currency based on the rupiah.
Indonesian rupiah (IDR) may be confusing at first, but with a little bit of know-how, you will get used to it. With notes ranging from 1,000 to 100,000 rupiah and coins available in denominations of 25 to 1,000, it can be a lot to take in.
As the money value of the Indonesian rupiah has many zeros, it is easier to think about how much a dollar is worth in rupiah when it comes to learning about the exchange rate.
Further, the US dollar to the rupiah exchange rate is constantly fluctuating. So, if you want to know the local currency, you must constantly check the current exchange rate. As of February 13, 2023, Forbes Advisor reports an exchange rate of approximately 1 USD to 15,188 IDR. So, for every US dollar exchanged, you will receive 15,188 Indonesian rupiahs.
Read also: Best Time to Visit Bali for Your Travel Experience in 2023
Changing Your Money from Bali Currency to USD
There are many options available for you when it comes to exchanging your money from Bali currency to USD or vice versa.
However, if you want to exchange your money from, the option you may choose is to visit the currency exchange bureau. Further, the currency exchange bureaus are highly accessible since they can practically be found anywhere, from airports, and major tourist areas, to some hotels.
If you want to get your money in Bali currency, the most practical option is to use an ATM because they are a widely available, safe, and efficient way to access your funds.
In addition, if you are traveling with a large amount of US dollars, it is a good idea to exchange a portion of your money at a time. That is the safer option compared to exchanging everything at once since the exchange rate may fluctuate during your trip.
Tips to Manage Your Money in Bali
When it comes to shopping and dining in Bali, it is essential to be aware of the prices of items and services, as they can vary widely depending on where you go.
For instance, prices for food and drinks at restaurants and cafes in tourist areas are generally higher than in more local areas. The food prices range from 35,000 to 100,000 Indonesian rupiah or 2.5 to 7 dollars for the mid-range of restaurants or cafes in Bali. On the other hand, the higher-end to fine dining costs around 200,000 to 1,000,000 Indonesian rupiah or 12 to 60 dollars.
However, if you choose to eat at local eateries, per meal will cost you around 12,000 to 30,000 rupiah or equal to 1 to 2.5 dollars.
Additionally, shopping for souvenirs and gifts can also be expensive in tourist areas, so it is a good idea to compare prices at different shops before making a purchase.
Overall, understanding the Bali currency to USD and how to manage your finances while you are in Bali is one of the travel essentials.
By knowing the currencies or exchanging them, you can ensure that you have access to the funds you need while on the island.
Additionally, by being aware of the prices of items and services in Bali, you can make the most of your trip and enjoy all that the island has to offer.
However, besides knowing the currency and financial management to plan your trip to Bali, you must pay attention to the visa application.
But, don’t worry if you are unsure about the visa application, you can contact DoorToID for a quick, professional, and transparent consultation.
Read Also: Indonesia Immigration: Know-How about Visa Applications
